4 Keys to Buying a Flipped House

Head over heels for a flipped house? Here’s how to make sure you’re getting a great deal.

Many home buyers wrongly assume that a newly renovated home is, well, just that: new. They perceive it as move-in ready and free from hassles. The newly renovated home typically pulls in top dollar, because the buyer assumes it is perfect, turnkey and ready to go.

Although house-flipping shows on television often make the process seem easy and feature beautiful homes with happy stories, they don’t follow through to see how the home withstands daily use, weather patterns and typical wear and tear.

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